more good news, page-7

G'day Bbettancourt.

Yeah, I hate dilution as well but the mismanagement of the money was before the current managements time, I feel.

A lot was wasted on drilling that was not done to a specification good enough to prove up what was there.

If they get it going now I will be one very happy little camper, at last.

As far as borrowing is concerned, I always hate that. The lenders are so ruthless now that if the slightest thing went wrong they would sell the company down the river. I would much prefer equity to debt.

Anyway good to hear from you.

Regards

Lockitt